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I feel that it is a project launched by the exchange, currently there is no information.
The path taken is like a conspiracy from a certain exchange, and the wallet has been cleaned up.
The logic is that the opening shot was 1000S, and then it quickly pulled the price up with an additional 1-2000S. The bottom is basically all from the project team themselves. After that, they spent a lot of transaction fees and effort to clean up the wallets, making it almost impossible to sell on-chain.
So I think the goal is contracts or spot.
CA won't say more, time will prove.